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...temporary slowdown. Nevertheless, last week's figures were troubling. The real rate of growth in the gross national product slowed further in the third quarter, to 4%, which is good in normal times but sluggish for a recovery-and not enough to reduce unemployment. Some of the sting was removed by the news that inflation in the entire economy eased from 5.2% in the second quarter to 4.4% in the third, and housing starts in September jumped 18%, to an annual rate of 1,814,000. Still, Ford was looking ahead with some apprehension to the report...

Author: /time Magazine | Title: ISSUES: THE POCKETBOOK ELECTION | 11/1/1976 | See Source »

...house-high but has a soul as well. Ever since production was announced, King Kong had the potential to be what the industry annually requires, a "big bopper." as they say in the trade. A genuine big bopper is something on the order of The Godfather, The Exorcist, The Sting or, to name the film most like Kong, Jaws. It should generate domestic grosses of $50 million to $100 million and, almost as important, a public excitement that spreads from the particular film to movies in general...

Author: /time Magazine | Title: HERE COMES KING KONG | 10/25/1976 | See Source »

...dollar value; of contracts and orders for new plan and equipment (both declined). But Julius Shiskin, commissioner of labor statistics, believes there are technical aberrations in the layoff and work-week statistics and that after recalculation they will be corrected for the better. Other factors taking the sting out of the August index drop: the decline in new orders followed a strong surge in July economists expect capital spending to pick up again in September; the number of building permits issued rose in August, a further sign that the crucial construction business is slowly recovering...

Author: /time Magazine | Title: OUTLOOK: An Ominous Index? | 10/11/1976 | See Source »

...capturing the fat bags of votes in New York, Pennsylvania and New Jersey. Explains a top New York Democrat: "The Catholic problem is real for Carter. A lot of union people are still holding back. The business with the bishops?he has to find a way to take the sting out of that. People are not against him, but they're not yet hot for him either." New England breaks down fairly neatly: Ford is ahead in the top tier of Vermont, New Hampshire and Maine; the more populous bottom rung of Massachusetts, Connecticut and Rhode Island seems strong...

Author: /time Magazine | Title: THE ELECTION: CAMPAIGN KICKOFF | 9/13/1976 | See Source »

...Ambassador William Scranton added another reason: "He is an excellent campaigner of the type we need. The President is not the attacker type, but Bob can do that kind of campaigning." He also can be abrasive and slashing to opponents, though his sense of humor alleviates some of the sting. Cracks Minnesota Republican Chairman Chuck Slocum: "We've got righteous Jimmy, dull Walter and stuffy Jerry. Bob Dole will add some zip to the campaign and prevent it from being dull...

Author: /time Magazine | Title: THE CAMPAIGN: Coming Out Swinging | 8/30/1976 | See Source »

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